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does not affect re-election prospects. We also find that voters punish politicians who create deficits during elections …
Persistent link: https://www.econbiz.de/10010278871
affect re-election prospects. We also find that voters disfavour politicians who create deficits during elections, while …
Persistent link: https://www.econbiz.de/10010986601
This paper investigates the impact of elections on the level and composition of fiscal instruments using a sample of 19 … find that elections shift public spending towards current and away from capital expenditures. Moreover, although we find no … evidence for an electoral cycle for government deficit and expenditures, we do find a negative effect of elections on revenue …
Persistent link: https://www.econbiz.de/10010274381
This paper investigates the impact of elections on the level and composition of fiscal instruments using a sample of 19 … find that elections shift public spending towards current and away from capital expenditures. Moreover, although we find no … evidence for an electoral cycle for government deficit and expenditures, we do find a negative effect of elections on revenue …
Persistent link: https://www.econbiz.de/10008534045
Persistent link: https://www.econbiz.de/10009732032
The political budget cycle (PBC) literature argues that governments expand deficits in election years. However, what happens when an economic downturn is expected? Will the government allow the deficit to expand even further, or will it resort to spending cuts and tax increases? When voters...
Persistent link: https://www.econbiz.de/10012546036
taxes). It thus represents an extension of traditional political budget-cycle analyses assessing the impact of elections on …
Persistent link: https://www.econbiz.de/10010816011
The political budget cycle (PBC) literature argues that governments expand deficits in election years. However, what happens when an economic downturn is expected? Will the government allow the deficit to expand even further, or will it resort to spending cuts and tax increases? When voters...
Persistent link: https://www.econbiz.de/10012233000
Using a new Colombian data set (1830-2000), we analyze how changes in the electoral legislation with regard to the characteristics of voters (in terms of education and income levels) has affected fiscal policy in electoral times. In line with economic theory, we show that after the law was...
Persistent link: https://www.econbiz.de/10011114135
Persistent link: https://www.econbiz.de/10009401807